October 14, 2024, Monday
Kathmandu: The Aviation Risk Management Conclave 2024, organized by Sagarmatha Lumbini Insurance (Salico) in association with Prudent Insurance Brokers, concluded on Monday at the Dusit Princess Kathmandu Hotel. Presenting on human error factors, Aviation safety expert, Dr. Narindra Taneja, explained how human factors result risk for aviation safety. He urged the stakeholders to abide by[...]
Kathmandu: The insurance regulatory authority, Nepal Insurance Authority(NIA) has prohibited insurers to publicize news about the claim payment. The regulation section of NIA has instructed all insurers not to use the individual incident of claim payment as a means of propaganda. The circular issued by NIA mentions that some insurers have unnecessarily published the photo[...]
Kathmandu: Life insurance industry has faced a large number of policy surrender in the last financial year 2080-81. According to Nepal Insurance Authority, the insurance industry regulator, above 1,13,976 policies has been surrendered by the policyholders. Life insurers were forced to pay a total of NPR 14.501 billion during the same period. A policy surrender[...]
NEWS
Kathmandu: The Aviation Risk Management Conclave 2024, organized by Sagarmatha Lumbini Insurance (Salico) in association with Prudent Insurance Brokers, concluded on Monday at the Dusit Princess Kathmandu Hotel. Presenting...
Kathmandu: The insurance regulatory authority, Nepal Insurance Authority(NIA) has prohibited insurers to publicize news about the claim payment. The regulation section of NIA has instructed all insurers not to...
Kathmandu: Life insurance industry has faced a large number of policy surrender in the last financial year 2080-81. According to Nepal Insurance Authority, the insurance industry regulator, above 1,13,976...
Kathmandu: Nepal Insurance Authority (NIA) has issued Enlistment Guidelines for Foreign Reinsurers and Reinsurance Brokers 2024. The guideline aims to guide the process of enlistment of foreign reinsurers and...
Kathmandu: Nepal Life Insurance Company (NLIC) has defied the provision of investment directives issued by the Nepal Insurance Authority. It has been found that NLIC’s board of directors involved...
Kathmandu: Life insurance industry has witnessed a positive growth in new business during the last financial year 2080-81(2023-24). According to insurance regulatory authority, Nepal Insurance Authority, life insurers have...
